The SEC "really just mis-assessed the nature of the conduct" in its case against two former executives of California start-up Basic Water Inc., said O'Melveny's Carolyn Kubota.
U.S. District Judge Denise Cote flatly rejected an argument that the individuals sued by the FHFA aren't liable because they didn't sign follow-on supplements to RMBS documents.
Cleary Gottlieb helped guide Massey Energy to the all-cash settlement with securities plaintiffs represented by Labaton Sucharow and Robbins Geller.
Sullivan and Cromwell convinced a U.S. district judge in Houston to deny class certification to BP shareholders who sued the company in the aftermath of the 2010 Deepwater Horizon oil spill.
Marc Kasowitz of Kasowitz Benson and Simpson Thacher's David Woll faced off before a New York appellate panel weighing a crucial threshold issue for mortgage-backed securities repurchase cases.
Reed Smith's Beck says the U.S. Supreme Court's eventual ruling in Halliburton v. Erica P. John Fund holds great promise for product liability defense lawyers, while the securities bar takes all the risk.